Complete the Following Using the Terms Listed

question 42

Multiple Choice

Complete the following using the terms listed.
-_____ are retirement savings plans to which employees can make pretax contributions.

• A)Job enlargement
• B)360-degree performance review
• C)collective bargaining
• D)Theory Y
• E)Downsizing
• F)outsourcing
• G)Flexible work plans
• H)grievance
• I)401(k)plans
• J)human resource management
• K)performance appraisals
• L)Employee separation
• M)lockout
• N)arbitration

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Definitions:

Input Prices

The costs associated with the factors of production used in the creation of goods or services, such as raw materials and labor.

Marginal Product

The additional output produced when one additional unit of a resource is employed.

Minimizing Costs

Minimizing costs involves finding the most efficient way to operate that lowers expenses without sacrificing the quality or quantity of output.

Rental Rate

The price paid for the temporary use of a good, service, or property, typically expressed as a fee per time period.